2017 China Free Trade Area Development Index released Shanghai in a leading position


In 2017, China’s free trade pilot area entered a new pattern of 1 + 3 +7. Under the new situation, how can China’s free trade pilot area continue to develop? Yesterday, China’s fifth China Free Trade Experimental Zone Forum held in Shanghai University of Finance and Economics, released the same period, “China Free Trade Experimental Zone Development Index.” The results show that the Shanghai Free Trade Area Index is 81.35, ahead of Guangdong, Tianjin and Fujian Free Trade Area, with a certain first pilot advantage.

Director of China Free Trade Test Center Collaborative Innovation Center, Director of Shanghai Municipal Government Counselor and Wang Xinkui, President of China WTO Affairs Consultation Center, delivered a keynote speech at the forum. He said that at present, globalization has entered the competitive stage of value chain innovation competition stage, which is embodied in the service and manufacturing field of ICT revolution and globalization of innovation knowledge. The trend of globalization is unstoppable, for China, the free trade pilot area will be in a leading position.

He believes that under the new situation, China’s free trade pilot area to innovate the policy of foreign investment, as soon as possible to cancel the absorption of foreign capital at all levels of performance evaluation indicators, from foreign direct income incentives to indirect institutional incentives. In addition, the industrial-oriented policy of foreign investment should be shifted from the decentralized development zone policy platform to the cooperative platform of the free trade test zone, and the supervision of foreign capital gradually shifted from “identity” management to state management, so that foreign capital entered and developed into China’s national economy The normal operation of the system.

Zhu Min, deputy director of the Shanghai Municipal Development and Reform Commission, said that China’s free trade pilot area is the bridgehead that serves the country’s “all the way” initiative. “We have to combine hardware and software to upgrade the hardware through software upgrades, To bring together the resources of Shanghai, especially the resources of the Shanghai financial center, to serve as a support for the ‘all the way’, which is some of the major considerations for our comprehensive reform of the free trade zone.

Shanghai University of Finance and Economics Shanghai Development Institute, Free Trade Zone Research Institute, said Zhao Xiaolei, Shanghai International Financial Center to become “all the way” to build the international financing side. For the Shanghai Free Trade Test Area into the 3.0 version, he said: “to break through the financial reform version 3.0 of the innovative programs have, but the details of the floor is not much, I think a breakthrough is ‘and all the way’ building connected with the Asian investment bank Cooperation, which can drive the construction of Shanghai international financial center, promote the internationalization of the RMB, and finally lead the RMB capital projects freely convertible. ”

The Forum also released the “China Free Trade Experimental Zone Development Index”, the overall situation of the development of China’s free trade pilot area and Shanghai, Tianjin, Guangdong and Fujian four early to establish the pilot area was assessed. After the Shanghai University of Finance and Economics project team comprehensive survey of more than 2,000 enterprises, the public, the relevant experts and publicly disclosed economic data, the results show that the Shanghai Free Trade Area Index is 81.35, ahead of the other three free trade areas, with a certain First, the first pilot advantage, Guangdong, Tianjin and Fujian were 80.58,79.71 and 79.90, after the establishment of the free trade zone and Shanghai development gap in the narrowing of the three free trade areas in the study of Shanghai also has its own development characteristics. During the course of the research, the project team also found that the confidence and satisfaction degree of the enterprises located in the free trade area were significantly higher than those of the enterprises. The scale of enterprises and the years of establishment had a negative impact on confidence and evaluation.

Leave a Reply

Your email address will not be published. Required fields are marked *